Introduction Quantum Mechanics, as a mental model, explores the fundamental principles of quantum physics and their relevance in decision-making processes. Anchored in human psychology, Quantum Mechanics highlights the uncertainty, interconnectedness, and probabilistic nature of decision-making. Understanding this mental model can help individuals make more informed choices amidst complexity and ambiguity. Defining Quantum Mechanics and Its […]
Tag: Scenario Planning
Introduction In the complex world we inhabit, decision making is an inherent part of our daily lives. However, uncertainty often lurks in the shadows, shaping the choices we make and the outcomes we experience. One such form of uncertainty is known as Knightian Uncertainty, named after economist Frank Knight, who first introduced the concept in […]
Introduction Black Swan events, a captivating mental model, refer to rare, unpredictable, and high-impact events that have significant consequences. This concept is crucial in decision-making processes as it challenges our ability to anticipate and plan for extreme and unexpected occurrences. Anchored in human psychology, the prevalence of Black Swan events in our day-to-day lives necessitates […]
Introduction In our complex world, making sound decisions is a crucial skill. However, our cognitive biases often lead us astray, hindering our ability to make rational choices. One such mental model that plays a significant role in decision-making processes is the Niches mental model. The Niches mental model refers to the tendency of individuals or […]
Introduction: Complex Adaptive Systems (CAS) is a powerful mental model that helps us comprehend the intricacies of decision-making. This concept acknowledges that our world is composed of interconnected and dynamic systems where agents, whether individuals or groups, constantly adapt and respond to each other and their environment. Anchored in human psychology, CAS holds significant relevance […]